CKW Financial Group Sells 700 Shares of Honda Motor Co., Ltd. (NYSE:HMC)

CKW Financial Group decreased its position in Honda Motor Co., Ltd. (NYSE:HMC) by 26.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,900 shares of the company’s stock after selling 700 shares during the quarter. CKW Financial Group’s holdings in Honda Motor were worth $54,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Honda Motor in the 3rd quarter worth approximately $36,000. Addison Advisors LLC raised its position in Honda Motor by 391.2% in the 3rd quarter. Addison Advisors LLC now owns 1,282 shares of the company’s stock worth $41,000 after purchasing an additional 1,021 shares during the period. GAMMA Investing LLC lifted its stake in Honda Motor by 31.0% in the third quarter. GAMMA Investing LLC now owns 2,382 shares of the company’s stock worth $76,000 after purchasing an additional 564 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Honda Motor by 84.6% during the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company’s stock valued at $80,000 after buying an additional 1,150 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. bought a new position in shares of Honda Motor during the third quarter valued at about $111,000. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Price Performance

Shares of Honda Motor stock opened at $28.65 on Monday. The company’s fifty day simple moving average is $27.14 and its two-hundred day simple moving average is $29.70. Honda Motor Co., Ltd. has a 12-month low of $23.41 and a 12-month high of $37.90. The firm has a market cap of $44.71 billion, a PE ratio of 7.07 and a beta of 0.59. The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49.

Honda Motor (NYSE:HMC) last posted its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.86 by ($0.43). The business had revenue of $36.24 billion during the quarter, compared to the consensus estimate of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. As a group, equities analysts expect that Honda Motor Co., Ltd. will post 4.2 EPS for the current year.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on HMC. StockNews.com cut Honda Motor from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 2nd. UBS Group raised Honda Motor from a “sell” rating to a “neutral” rating in a research note on Wednesday, December 18th.

Honda Motor Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.